From ancient times to the present, politicians, bureaucrats, and interest groups have gained resources and control over the public by playing to peoples fears of various crises and by offering solutions that often only make problems worse.

Lecture presented by Robert Higgs at the Ludwig von Mises Institute's 25th Anniversary Celebration in New York City; 12-13 October 2007. This celebratory event discusses the legacy of Ludwig von Mises, his students such as Murray Rothbard, and the movement Mises inspired. http://mises.org